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#181
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1. I believe you should say, that Bernie could'nt win the NOMINATION. Which, I think is untrue. I still think there is huge chance that he can, and should he, he would win the election. The republican party will not. I remember how close of an election the last one felt vs how it actually was when it was all over. Mitt Romney lost by 132 electoral votes.. that's by like basically 75% of the vote... republicans don't stand a chance this year either. They are even more fractured than they were then, and their candidates are even less appealing. Whoever wins the democratic nomination, will become the next president. 2. This reminds me of the type of thing my dad says, where he thinks the president is more of a figure head than someone who can make any real changes. But that's just not true. Our president just veto's shit the religious extremest in congress try to pass left and right, national health care was his idea, the war in Iraq was a presidents personal choice. Bernie would achieve A LOT in his time in the office, that would make each of our lives drastically better. Maybe not so much for any player here that lives in a billionaire mansion, but that person still wont notice any real change. They'll still sit among their marble columns in front of their computer neckbearding as if nothing changed. The only thing we have to do is get Bernie past Hillary.. its an uphill climb, but its one that seems more and more likely as we make it. | |||
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Last edited by iruinedyourday; 10-16-2015 at 05:19 PM..
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#182
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#183
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You are just a nerd that plays free games on the internet, I will never take your word on climate change seriously. | |||
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#184
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#185
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#186
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#187
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#188
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But what really fucked things up wasn't so much his interest rates, but the actions on behalf of Greenspan and his cronies that served to reduce the amount of rules and regulations financial institutions were subjected to, under the impression that financial institutions operating in as close to a free market environment as possible would be more prosperous. This is what I mean when I say 'his libertarian policies'. And as we've discussed before, although this was termed 'deregulation', it actually produced an increase in regulatory volume because these laws, which essentially gave financial institutions increased freedom to act how they wanted, manifested legislatively as laws and rules. In essence, a large volume of new federal rules and regulations decreased the extent to which the government regulated and oversaw the behaviors of financial institutions. The net effect being the deregulation of the financial sector. | |||
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#189
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However, I suspect Lune was referring to abolishing Glass-Steagall. I personally would have kept that law, as I think it's one of just a few regulations that actually have a net positive, but even there I don't think its repeal was nearly as critical as the bank bailout. If we had simply let our banks go broke, we would have emerged from the crisis just fine (Iceland is a great example here). Instead, and this is where the corruption thing comes in, we bailed them out to the tune of 15 trillion dollars. | |||
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#190
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When the older generations die shit will change. USA will shift left. Politically we've always lagged behind Europe by about a generation, don't forget we're not just progressing for ourselves but for the South too. | |||
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